Accounting Research Association Inc is located in Durham, NC. The organization was established in 1967. According to its NTEE Classification (V22) the organization is classified as: Economics, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Accounting Research Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2019, Accounting Research Association Inc generated $1.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (70.6%) each year. All expenses for the organization totaled $102.2k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
FACILITATE THE INTEGRATION OF DATA ANALYTICS AND RELATED TECHNOLOGIES INTO THE AUDIT PROCESS, AND TO DEMONSTRATE THROUGH RESEARCH HOW THIS CAN EFFECTIVELY LEAD TO ADVANCEMENTS IN THE AUDIT PROFESSION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Barry Melancon Secretary-Treasurer | 0.3 | $0 | |
Eric Hansen Chair & Past-Chair | 0.3 | $0 | |
Kimberly Ellison-Taylor Outgoing Past-Chair | 0.3 | $0 | |
Timothy Laspaluto Assistant Treasurer | 0.3 | $0 | |
William Reeb Vice President & President | 0.3 | $0 | |
Tracey Golden Vice President | 0.3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $1,119 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $1,119 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,236 |
Total expenses | $102,236 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $101,953 |
Other assets | $0 |
Total assets | $101,953 |
Total liabilities | $0 |
Net assets or fund balances | $101,953 |
Organization Name | Assets | Revenue |
---|---|---|
Mercatus Center Inc Arlington, VA | $43,899,623 | $50,106,510 |
Atlas Economic Research Foundation Arlington, VA | $16,820,562 | $19,446,645 |
Foundation For Economic Education Inc Atlanta, GA | $13,111,057 | $7,371,269 |
Imagine North Carolina First Raleigh, NC | $1,746,999 | $4,219,239 |
Virginia Council On Economic Education Richmond, VA | $1,591,140 | $909,613 |
Georgia Council On Economic Education atlanta, GA | $6,404,945 | $1,048,495 |
International Freedom Educational Foundation Mc Lean, VA | $100,274 | $526,748 |
North Carolina Council On Economic Education Raleigh, NC | $457,101 | $705,975 |
South Carolina Council On Economic Education Columbia, SC | $503,604 | $545,395 |
Independent Banks Of South Carolina Chapin, SC | $604,989 | $525,171 |
Project Invest Alexandria, VA | $643,258 | $522,186 |
Your Economic Success Harrisonburg, VA | $1,566,845 | $178,380 |